Sierra Pacific acquires Seneca
Sierra Pacific Industries (SPI) plans to acquire Seneca and affiliates, combining two complementary, family-owned forest products businesses. [...]
August 9, 2021
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
Sharp rise in plywood prices in Europe
In terms of source of plywood supply in Europe, China is reported to be keeping up with demand, albeit with [...]
August 5, 2021
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Price analysis and info / Statistics / Wood Products / Wood-based panels / China / Europe / Global / Russia / South America
Mercer buys Katerra’s CLT facility
Mercer announced that it received approval from the applicable Bankruptcy Court of the acquisition by its wholly-owned subsidiary of [...]
August 5, 2021
Companies in the timber industry / Daily News / Global Trends / Wood construction / Wood Products / Wood-based panels / Europe / Global / North America
UK faces timber shortage due to ‘unprecedented’ demand
The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown construction and DIY projects [...]
August 5, 2021
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Lumber / Price analysis and info / Sawmilling / Statistics / Wood construction / Wood Products / Europe / Global
French wood industry is expected to quadruple its market share in construction in 10 years
The French timber industry, with 60,000 companies and nearly 400,000 jobs, intends to quadruple its market share in [...]
August 5, 2021
Daily News / Global Trends / Market Analysis / Furniture / Sawmilling / Wood construction / Wood Products / Europe / Global
Value of New Zealand’s log exports to increase by 25% this year led by China raising prices
Log exports are forecast to reach US$3.6 billion in the year ending June 2021, led by demand from [...]
August 4, 2021
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Australia and Pacific Region / China / Global
Interfor expects sawmill production disruptions
Wildfires in Western Canada, along with log supply issues, could result in a reduction of 50 million board feet in [...]
August 2, 2021
Companies in the timber industry / Daily News / Market Analysis / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / North America
Vietnam’s timber industry in jeopardy due to new Covid-19 lockdown
Vietnam has ordered a two-week shut down of the entire southern region of the country due to a spike [...]
August 2, 2021
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Furniture / Wood Products / Asia & Middle East / Global
N. American lumber might rise by 65% by the end of the year
Lumber may have tumbled from its pandemic peak but the stage is set potentially for a 65% rally [...]
August 2, 2021
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Global / North America
Congestion at New Zealand ports causing logging industry frustration and market fluctuations
New Zealand forestry contractors are reporting that they are losing money, work, and jobs due to fluctuations in the timber [...]
August 2, 2021
Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Australia and Pacific Region / China / Global